EFTA00860142.pdf

From: David Mitchell To: Jeffrey Epstein <[email protected]> Subject: Fwd: Life Hotel - Rosenthal Note Date: Mon, 12 Mar 2018 21:11:59 +0000 DAVID MITCHELL Mitchell Holdin•s LL Begin forwarded message: From: "Amengual, Randolph" Date: March 12, 2018 at 5:10:55 PM EDT To: Mitchell David < >, "Danow, Matthew" Subject: Fwd: Life Hotel - Rosenthal Note Begin forwarded message: From: Stephen Hanson < Date: March 12, 2018 at 5:09:06 PM EDT To: Miriam Blemur , HOWIE / SUE MUCHNICK "Randolph. / David Life Laywer 17 / Amengual" Subject: Re: Life Hotel - Rosenthal Note Punch line is that 50k loan does not help- as I stated I am $30k overdrawn as of Thur with out additional funding Not to mention another winter storm coming our way and the 15 day Forecast is for a cooler then normal March end I can not go deeper into debt personally and with out the 100k loan to guide us through the next 6-8 weeks there is at least an $100k of possible exposure - not to mention the additional $225 k I have lent the hotel through my personal credit card for needed hotel items over the last year that is on the hotels books It is apparent david has made plans for this event as no one would ever jeopardize millions of dollars of value for what is a $50k spread between us This now all seems to tie into the harassment and obstruction of information towards restaurant Mgmt and myself spearheaded by david EFTA00860142 We will be notifying any future restaurant reservations starting tomorrow of the restaurant closing - I would assume you have made similar provisions with hotel staff Sent from my iPad On Mar 12, 2018, at 3:45 PM, Miriam Blemur > wrote: See below. Miriam Blemur Assistant to Howard W. Muchnick Muchnick, Golieb & Golieb, This transmittal is intended only for the use of the individual or entity to which it is addressed and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If the reader of this transmittal is not the intended recipient or the employee or agent responsible for delivering the transmittal to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately. Thank you. From: Howie W. Muchnick Sent: Monday, March 12, 2018 3:08 PM To: 'Danow, Matthew' c M> Cc: Amengual, Randolph .: EM).; David Mitchell < Subject: RE: Life Hotel - Rosenthal Note Apparently , you did not believe me when I told you that Steve would not ask his friend to put at risk more money if Steve believes that the money committed to the restaurant was insufficient to get the restaurant to break even. This is not negotiable. Steve will not go further at risk nor add risk to Russell's money by underfunding. If the money borrowed is not needed, it will be returned to the hotel. The amount "borrowed" by the hotel from the restaurant should not be our focus today. Assuming for the sake of argument that David's number of $91,208 is correct, we would need to borrow $128,792 now, and there is no guarantee that Russell will have an appetite for a bigger loan. Howard W. Muchnick Muchnick, Golieb & Golieb, Attorneys at Law This transmittal is intended only for the use of the individual or entity to which it is addressed and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If the reader of this transmittal is not the intended recipient or the employee or agent responsible for delivering the transmittal to the EFTA00860143 intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately. Thank you. From: Danow, Matthew (mkt): Sent: Monday, March 12, 2018 12:32 PM To: Howie W. Muchnick Cc: Amengual, Randolph ; David Mitchell < Subject: Life Hotel - Rosenthal Note Importance: High Howie—Attached are clean and marked redrafts of the Note. The changes (i) clarify that the Note will be repaid with first priority after the mortgage and preferred equity (men), and (ii) add an additional event of default if the Hotel fails to pay the restaurant $20,000 by April 15. We are keeping the principal at $50,000, because, as we discussed, per Russell's requirement, the Note is a priority over the other investors holding notes, so we do not want to increase the principal unless there is a need. To that end, David would like Steve to show the uses of the $50,000 specifying how the funds are to be applied. Also, regarding the money owed by the Hotel to the Restaurant, per David the original obligation was $91,208 (not $120,000 as we discussed). Below is a summary of David's calculation (mainly a payment for the restaurant's attorney for obtaining liquor license, which is not chargeable to the Hotel and a change order which was never enacted or funded). Please contact us if you have any questions or want to discuss. <image001.jpg> Matthew Danow, Esq. Katsky Korins LLP This e-mail and any attached file is intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. Dissemination, distribution or copying of this e-mail or the information herein by anyone other than the intended recipient, or an employee or agent responsible for delivering the message to the intended recipient, is prohibited. If you have received this email in error, please immediately notify us by calling Adam Rosenfeld at or email to NOTICE: Unless a contrary intent is expressly stated in this email, the contents of this email and any attachments are being transmitted for discussion purposes only and shall not be deemed an offer, acceptance or rejection of any offer, nor binding upon the sender, our clients or the party on behalf of whom this email was sent. EFTA00860144 This e-mail and any attached file is intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. Dissemination, distribution or copying of this e-mail or the information herein by anyone other than the intended recipient, or an employee or agent responsible for delivering the message to the intended reci ient is rohibited. If you have received this email in error, please immediately notify us by calling Adam Rosenfeld at or email to NOTICE: Unless a contrary intent is expressly stated in this email, the contents of this email and any attachments are being transmitted for discussion purposes only and shall not be deemed an offer, acceptance or rejection of any offer, nor binding upon the sender, our clients or the party on behalf of whom this email was sent. EFTA00860145